Digital Business Agility

Through the Global Center for Digital Business Transformation's research and experience advising organizations along their digital transformation journey, we have identified a meta-capability we call “digital business agility.” Companies that possess digital business agility respond quickly and effectively to emerging threats to their business, and seize new market opportunities before their rivals. Digital business agility has three main pillars: hyperawareness, informed decision-making, and fast execution.

Hyperawareness

Hyperawareness is the ability to detect and monitor changes in a business environment. By business environment, we mean the internal and external factors that impact a company’s competitive position.

Informed Decision-making

Informed decision-making is a company’s ability to make the best decision possible in a given situation. To do this, data collected as part of company hyperawareness must be analyzed, scaled, packaged, and distributed throughout the organization.

Fast Execution

Fast execution is a company’s ability to carry out its plans quickly and effectively. It is likened to a culture of experimentation, test-and-learn, and a tolerance for failure.

Top Insights

Reimagining Work for Digital Business Agility

Many companies respond to digital disruption by focusing their transformation efforts on IT and business processes, too often neglecting people. Changing customer expectations and accelerating disruption demand digital business agility—the capacity of an organization to understand and react to digital threats andopportunities. The workforce is a critical component of digital business agility.

Top Digital Transformation Searches:

It’s easy to lead when things are going well – it’s through difficult transitional times that leaders need to step up. Business transformation is tricky to navigate, and requires firm, decisive leadership. Even if it is these qualities that got top management to where they are now, further strengthening those skills by identifying learning and development needs can have a dramatic impact on a company’s overall performance. Digital strategy is one of the hottest education areas right now, as no firm can afford to be left behind when it comes to the revolutionary changes that data can bring. Find out how to stay ahead of the pack by reading more below.